Fiduciary finance investment funds and the crisis in financial markets
pt. 1. Institutional investment and the industrial organization of fiduciary finance -- pt. 2. The intellectual underpinnings of institutional investment -- pt. 3. Fiduciary finance and the stability of financial markets
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| Format: | eBook |
| Language: | English |
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Cheltenham
Edward Elgar
c2010
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| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
| Summary: | pt. 1. Institutional investment and the industrial organization of fiduciary finance -- pt. 2. The intellectual underpinnings of institutional investment -- pt. 3. Fiduciary finance and the stability of financial markets This multi-faceted analysis of institutional investment defines "fiduciary finance" institutions as the third pillar of the financial system, alongside banks and insurers. It documents the role played by investment funds and the money management industry during the recent financial crisis, and provides an unashamedly critical review of the business disciplines which can dominate investment practices. It clarifies the economic significance of the investment industry (circa $60 trillion in assets) and the features which differentiate fiduciary finance from traditional financial institutions such as banks and insurers |
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| Physical Description: | xi, 191 p ill |
| ISBN: | 9781848448957 9780857930361 1848448953 |